PTC and Elysium Announce New Product Design and Validation App for ThingWorx Navigate
June 19 2018 - 12:00PM
Business Wire
App Enables Improvements in Product Design
Process by Increasing Accuracy and Efficiency
PTC (NASDAQ: PTC) today announced at the sold-out LiveWorx® 18
digital transformation conference that Elysium, a global software
company at the forefront of 3D geometry handling and data
translation, has released a Drawing Validator App for the
ThingWorx® NavigateTM Platform that enables increased efficiency in
the product design process by making it possible for key
stakeholders to compare and detect significant differences between
2D drawings in an easy-to-read format.
Headquartered in Hamamatsu, Japan, Elysium has been providing
industry leading 3D interoperability and point cloud solutions
throughout the world to industry leaders that include Boeing,
Daimler, Renault Sport Formula One™ Team, Toyota, and more than
3,500 other companies.
With the Drawing Validator App for ThingWorx, PTC and Elysium
customers will be enabled to improve the product design process by
detecting differences that traditional validator tools miss. These
tools can be used by stakeholders throughout the organization,
including suppliers, to manually compare differences between
multiple versions of a drawing. Changes that are not identified
often result in costly rework, while the manual process slows down
productivity. The Drawing Validator App can provide an accurate and
complete comparison of 2D drawings based on graphic and semantic
information extracted using APIs from the Creo® solution. It
provides a list of all significant differences, thus increasing the
efficiency of the 2D drawing check process and reducing lead time.
This, in turn, enables increased productivity, reduced rework, and
faster time-to-market.
“As a data translation company, we have accumulated a lot of
knowledge of how to access various data from Creo,” said Atsuto
Soma, CTO, Elysium. “Leveraging that insight, we collaborated with
PTC to use ThingWorx Navigate to develop a new drawing validation
tool that allows for accurate and reliable difference
detection.”
ThingWorx Navigate improves collaboration by offering a single
view to multiple enterprise systems, enabling both expert and
non-expert (or occasional) users to access the latest, most
accurate product information when they need it and in the context
most related to their day-to-day responsibilities.
“The Drawing Validator app for ThingWorx Navigate enables
customers to compare 2D drawings and quickly and easily identify
differences between drawings to enable an accelerated product
design and validation process,” said Kevin Wrenn, divisional
general manager, PLM Segment, PTC. “Elysium’s app joins a growing
library of PTC partner-created ThingWorx Navigate applications.
These apps take the out-of-the-box capabilities of ThingWorx
Navigate and add features and functions that PTC partners are
seeing first-hand are needed in the marketplace.”
Additional Resources
- ThingWorx Navigate
- PLM on Your Digital Engineering
Journey
- Harvard Business Review: “Why Every
Organization Needs an AR Strategy,” authored by PTC CEO Jim
Heppelmann and Harvard Professor Michael Porter
About PTC (NASDAQ: PTC)
PTC helps companies around the world reinvent the way they
design, manufacture, operate, and service products in and for a
smart, connected world. In 1986 we revolutionized digital 3D
design, and in 1998 were first to market with Internet-based
product lifecycle management. Today, our leading industrial
innovation platform and field-proven solutions enable you to unlock
value at the convergence of the physical and digital worlds. With
PTC, manufacturers and an ecosystem of partners and developers can
capitalize on the promise of the Internet of Things and augmented
reality technology today and drive the future of innovation.
PTC.com @PTC Blogs
PTC, LiveWorx, ThingWorx, Navigate, Creo, and the PTC logo are
trademarks or registered trademarks of PTC Inc. or its subsidiaries
in the United States and other countries.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180619006059/en/
PTCJack McAvoy, 781-370-6143Corporate
Communicationsjmcavoy@ptc.com
PTC (NASDAQ:PTC)
Historical Stock Chart
From Mar 2024 to Apr 2024
PTC (NASDAQ:PTC)
Historical Stock Chart
From Apr 2023 to Apr 2024